UK Can a Ltd company director write off a directors loan

B

Barca

Joined
Nov 23, 2017
Messages
74
Reaction score
0
Country
United Kingdom
Are there any circumstances under which a director cannot write off a directors loan? What is the procedure for writing off a directors loan?
 
T

Truemanbrown

VIP Member
Joined
Sep 1, 2011
Messages
127
Reaction score
6
Can you give more information. For example, does the company have an profit and loss account reserves?
 
You must log in or register to reply here.

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

UK Transfering Money from my Sole Trader to my LTD company 0
UK Ltd company and Director's company car insurance 0
UK Ltd company BTL CT600 0
UK If a new Ltd company hasn't done any trade for 11 months, when to file Tax returns? 2
UK Dividends for Ltd Company 1
UK UK-LTD Company paying owner which is tax-resident abroad 2
UK A few questions around passing on ltd company directorship to children and avoiding a potential tax mine field! 1
UK Ltd Company Director & CIS 0

Top